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Nov 28, 2012
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egypt, the policy of the western world was egypt by propping up mubarak to have stability, quote, unquote, was account of greenspan stability we have, that kind of pseudo moderation. things were brewing under the surface and now we pay the price after 40 years of sadat and the other fellow. so now we have to pay the price. what's going to happen? nobody knows. even the players don't know. we still don't know. i don't think it is going -- we're going to move to democracy overnight. we're going to have turmoil. i don't know what's going to happen but that's identical to the trying to eliminate overstabilization of something makes it weaker. that's what we have in egypt. >> the key message is you need volatility, you need stressors in the system, and you need companies and you need markets who can survive those stressors and thrive by them. >> exactly. we need to encourage people to take certain classes of risk. we need more small fluctuation and fewer big crises. in fact we have the exact opposite. things are smooth but with big -- >> very quickly. you said four rules. can you give them qui
egypt, the policy of the western world was egypt by propping up mubarak to have stability, quote, unquote, was account of greenspan stability we have, that kind of pseudo moderation. things were brewing under the surface and now we pay the price after 40 years of sadat and the other fellow. so now we have to pay the price. what's going to happen? nobody knows. even the players don't know. we still don't know. i don't think it is going -- we're going to move to democracy overnight. we're going...
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Nov 16, 2012
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this is about egypt and the 1979 peace treaty. >> right. i'm going to get back to the whole issue of the spreading war. but i'm just real interested in the assessment, ambassador williamson, welcome back, that israel can just inflict massive, permanent damage on hamas and their alleged military. >> well, larry, first of all, i think it's really important to take a step back. we've been involved in a presidential election that sucked up the oxygen. hamas is a group that's recognized as a terrorist organization by the u.s. government, the israeli government and the european union, has increased shelling in areas of israel over recent weeks. they now have shelled tel aviv and 180 missiles went into southern israel. so israel for its own self-defense, its right of self-defense is organizing, rallying more reserve troops, getting ready for more permanent action. it can and should do what's necessary to protect its citizens, which means inflicting damage on hamas. >> heavy damage, deep damage. go as long as it takes. but john, given what you and
this is about egypt and the 1979 peace treaty. >> right. i'm going to get back to the whole issue of the spreading war. but i'm just real interested in the assessment, ambassador williamson, welcome back, that israel can just inflict massive, permanent damage on hamas and their alleged military. >> well, larry, first of all, i think it's really important to take a step back. we've been involved in a presidential election that sucked up the oxygen. hamas is a group that's recognized...
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Nov 15, 2012
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. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel, targeting also the stockpiles of long range rockets that hamas has which threaten the central citizen in israel, in particular the bigger city tel aviv. so israel taking out those rocket piles from the air, also attacking from the sea. israel's army is poised at the border of gaza, reserves are being called up for a possible ground inflation of gaza, which i think nobody actually wants, but certainly a real possibility. at the same time, palestinian rocket attacks from gaza into israel are also continuing about 150 this morning, most of the israelis have been intercept
. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel,...
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Nov 15, 2012
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it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning about energy drinks. another popular brand could be linked to multiple deaths. that story straight ahead. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. >>>
it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning...
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Nov 21, 2012
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it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent crude at $109.93. michelle? >>> another international note on a store out of europe that we continue to watch as well. there are reports of a deal to release emergency aid to greece could come monday. we're also learning today the european central bank is satisfied with a plan to recapitalize greek banks. that's going to be a key part of any kind of international bailout to get that country back up on its feet. >>> now to shopping an retail. of course it takes center stage this week. before we get to what retailers are hoping for, fearful of, and promising for this crucial holiday shopping season, let's look
it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent...
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Nov 20, 2012
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coming from cairo where egypt's president mohammad speaking to mourners saying egypt was passing through difficult days but there could be light at the end of the tunnel and referred to the truce that may be taking place in egypt. he said that the aggression on gaza would end on tuesday. didn't give details about that agreement. reports coming out of israel citing officials on israel radio that a truce could be announced as late as tuesday night this evening with the arrival of u.s. secretary of state hillary clinton. that's what's happening outside of gaza. here in gaza it still feels like a war footing. in the last couple of hours the iz rally israelis have warned of imminent attacks on homes and neighborhoods and forcing people to leave their cities and move into central gaza and an indication that a ground invasion may be imminent if a truce is not sealed within the next couple of hours. you can get a sense there's a great sense of fear among ordinary people of gaza that in coming hours it could go either one of two ways. people are hoping it will be a truce but there's no doubt with
coming from cairo where egypt's president mohammad speaking to mourners saying egypt was passing through difficult days but there could be light at the end of the tunnel and referred to the truce that may be taking place in egypt. he said that the aggression on gaza would end on tuesday. didn't give details about that agreement. reports coming out of israel citing officials on israel radio that a truce could be announced as late as tuesday night this evening with the arrival of u.s. secretary...
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Nov 21, 2012
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this apparently was egypt's idea and secretary clinton congressmened mohammed morsi on what he has done, the constructive involvement he's had in this process, essentially brokers where they are now. but important to note this is a cease fire. it goes into effect in an hour and 20 minutes, but this is not a comprehensive deal. this doesn't address a lot of palestinian concerns about the blockade or their quality of life or for the israeli's safety and security in the future about these rockets that have been coming out of gaza. >> comes on a day obviously when we were looking at pictures of that bus bombing in h tel aviv. >> exactly. that's incredibly disconcerting for the people of this city. tas scene they've been many times before, but there hasn't been a bus bomb ng israel since 2004 or a terrorist attack since 2006 and seeing that scene on the ground today will be all too familiar for people. the problem is instead of rockets coming in, you're talking about people among us attacking us, it is a very disconcerting proposition, but those two events, the cease fire and this bomb this
this apparently was egypt's idea and secretary clinton congressmened mohammed morsi on what he has done, the constructive involvement he's had in this process, essentially brokers where they are now. but important to note this is a cease fire. it goes into effect in an hour and 20 minutes, but this is not a comprehensive deal. this doesn't address a lot of palestinian concerns about the blockade or their quality of life or for the israeli's safety and security in the future about these rockets...
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Nov 17, 2012
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not long after, air raid sirens went off in jerusalem, and egypt sends its prime minister to the gaza strip in a show of solidarity with the -- and did general petraeus pull a 180 degree turn in testimony today? in september he said it was videos and spontaneous demonstrations. today he said the cia knew all along it was a terrorist attack in libya. this story gets worse and worse, more and more complicated and we are going to parse through it. first up, with the fiscal cliff only 45 short days away, are we facing a stalemate or is there a new kissy huggy era coming to washington, d.c.? we've got two kissy huggy cnbc contributors. jared bernstein, former vice president, biden chief economist, and kissy huggy jim pethokoukis of the american enterprise institute. jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending
not long after, air raid sirens went off in jerusalem, and egypt sends its prime minister to the gaza strip in a show of solidarity with the -- and did general petraeus pull a 180 degree turn in testimony today? in september he said it was videos and spontaneous demonstrations. today he said the cia knew all along it was a terrorist attack in libya. this story gets worse and worse, more and more complicated and we are going to parse through it. first up, with the fiscal cliff only 45 short days...
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Nov 14, 2012
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we saw egypt pull the ambassador from israel. and this is not the normalal lobbing missiles back and forth. this is something very different. i bought oil on this. i bought rent oil and that is the way to play it. >> what are other plays? >> i was surprised oil didn't give us more. this was a meager response when there is a box in syria and we are not seeing a bid to oil and commodities. cftc longs in the commodity space are three-month lows. copper is a space i want to sniff around. >> house speaker boehner is speaking responding to the president. >> united and focusing on their top priority which is jobs. i'm proud of my leadership colleagues who have been elected today to serve as our leaders of the next conference. while we have some of us returning to the leadership we have new members. and you will get to hear from them in a moment. our majority is a primary line of defense for the american people against the government that spends too much, borrows too much and left unchecked. i have outlined a framework for how both parti
we saw egypt pull the ambassador from israel. and this is not the normalal lobbing missiles back and forth. this is something very different. i bought oil on this. i bought rent oil and that is the way to play it. >> what are other plays? >> i was surprised oil didn't give us more. this was a meager response when there is a box in syria and we are not seeing a bid to oil and commodities. cftc longs in the commodity space are three-month lows. copper is a space i want to sniff...
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Nov 19, 2012
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focusing more on cairo, egypt. that's where intense negotiations are taking place as we understand it. egypt is trying to mediate a truce between palestinian factions and israel. hamas made clear it feels it is in the driver's seat here. it says it will not lay down its arms or stop firing rockets until israel blocks on the territory. it is securing guarantees from israel lit not target hamas or any other palestinian leaders as it did on wednesday p when it killed senior member of hamas' military wing. the israelis say that it is in the driver's seat. it would not stop its aerial assault and not stop possible ground invasion unless hamas halts all rocket fire into southern israel. obviously you can imagine difficult road ahead. right now egypt is meeting with other key players in the region. including the prime minister of turkey, u.n. secretary general moon as well as the prime minister. intense negotiations to avert a ground war in the coming day. >> entire world watching. thank you very much. >>> when we come ba
focusing more on cairo, egypt. that's where intense negotiations are taking place as we understand it. egypt is trying to mediate a truce between palestinian factions and israel. hamas made clear it feels it is in the driver's seat here. it says it will not lay down its arms or stop firing rockets until israel blocks on the territory. it is securing guarantees from israel lit not target hamas or any other palestinian leaders as it did on wednesday p when it killed senior member of hamas'...
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Nov 19, 2012
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the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing evidence that you can see a cut-off in oil supplies, especially for new york oil. >> that's ultimately the question. will there be a disruption? what series of events would occur to stop the flow of oil? >> suez canal, wherever it is, we're not there yet but trading it up just in case -- >> it ignites something wider. >> our own oil market in new york trades more on our economic fundamentals and tends to follow brent, not the other way around these days. brent's been going higher. >> london brent is far more influenced than by what's going on in texas. >> you bet it is. as the oil market goes, lately, the stock market ha
the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing...
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Nov 26, 2012
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. >> let's go around the world, egypt, violence in the streets again today continuing protests after the president of egypt declared for himself a broad range of autocratic powers thursday night, the stock market in egypt opened yesterday, much of the middle east thursday is the end of their business week, the market plunged, a little bit of recovery today. speaking with sources in the banking sector they're worried whether or not the president says the powers are temporary whether he means it. >>> there's a euro group meeting today, they might eventually agree to give greece the money. the narrative stands that greece gets the money, they have to calm concerns about the imf. >>> spanish elections in the catolca catalonia win the regional elections. the stock market reacted a little bit, it would have been worse if the leader of the separatist movement had done better. let's move on to what i think is the most interesting story and could definitely affect a lot of investors who watch cnbc, argentina. during all the retail hubaloo, a federal judge in new york ordered argentina to pay
. >> let's go around the world, egypt, violence in the streets again today continuing protests after the president of egypt declared for himself a broad range of autocratic powers thursday night, the stock market in egypt opened yesterday, much of the middle east thursday is the end of their business week, the market plunged, a little bit of recovery today. speaking with sources in the banking sector they're worried whether or not the president says the powers are temporary whether he...
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Nov 19, 2012
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that's the same group that took power in egypt and the group that gave birth to hamas. jordan is still ruled by king abdullah. the muslim brotherhood has made it clear they'd like him to go. >>> we got a nice rally under way here, bertha. >> nasdaq 100, qqqs are the best performers today and among the best advancers is green mountain coffee. of course this is a huge short position. some 39%. this looks a little bit like a technical rally here. the company's stock has moved above its 50-day moving average. it's been just below that over the last couple of weeks and about $1 above that now. >>> red states versus blue states. is your town a state about to fall off the fiscal cliff? steve leisman has the maps that will show us which states and counties stand to get hit the hardest by potential federal spending cuts. everything is bigger in texas. including the strategy for taking down this building. we'll show you what happened when the engineers pushed the plunger. that's next. >>> if congress drifts u.s. economy off the fiscal cliff, the department of education's 2013 bud
that's the same group that took power in egypt and the group that gave birth to hamas. jordan is still ruled by king abdullah. the muslim brotherhood has made it clear they'd like him to go. >>> we got a nice rally under way here, bertha. >> nasdaq 100, qqqs are the best performers today and among the best advancers is green mountain coffee. of course this is a huge short position. some 39%. this looks a little bit like a technical rally here. the company's stock has moved above...
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Nov 19, 2012
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>> yeah, i mean, well, the only good thing is there's no oil in gaza, egypt or israel really. steve is saying if it's a conflagration in the entire mideast, obviously we're not energy independent yet, trying to get there. i don't think it's going to get that far. i think they're testing the political waters here and seeing how we position ourselves. >> the other issue that keeps rising for the markets is what's happening in europe. we have seen today that cypress is on the verge of running out of money. we've seen it with greece and we think at least the market collectively seems to think things have improved to the point where we are giving this breathing room. the problem is there even if the european central bank bought some time. steve why has it sat on the backburner so long? >> all they do is buy time and for the first time since the 1930s, all of these countries, most of them are raising taxes in the face of a declining economy, which is insign. japanese are doing the same thing. you know it's happening in france, 75% tax rate piling on taxes on business, capital gains,
>> yeah, i mean, well, the only good thing is there's no oil in gaza, egypt or israel really. steve is saying if it's a conflagration in the entire mideast, obviously we're not energy independent yet, trying to get there. i don't think it's going to get that far. i think they're testing the political waters here and seeing how we position ourselves. >> the other issue that keeps rising for the markets is what's happening in europe. we have seen today that cypress is on the verge of...
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Nov 28, 2012
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president morsist says he has to takes the action action becausitis egypt's judiciary that's stalling the it's shaping out -- caught in the midding are supporters every both sides, the liberal and secular state say it's on the wrong side, but the president and supporters say he has the pourer, authority and justification to take these measures. >>> as we look at some of the pictures ayman, thank you. >>> we're being blown around by some headlines here. we've had great numbers on housing. here's what happened, right about here. came out below expectations. this is some of the negative data points. i was a little surprised by it. the market was, too. then we want representative boehner come out saying he was optimistic. so we're getting blown around by the headlines. downbeat september and october new home sales numbers. let's talk about retail. things are looking good in retail land. american eagle, all had generally positive comments this morning is consumers continues to spend, home prices are rising. holiday promotions have not been expensive, the cost of goods are lower than last y
president morsist says he has to takes the action action becausitis egypt's judiciary that's stalling the it's shaping out -- caught in the midding are supporters every both sides, the liberal and secular state say it's on the wrong side, but the president and supporters say he has the pourer, authority and justification to take these measures. >>> as we look at some of the pictures ayman, thank you. >>> we're being blown around by some headlines here. we've had great numbers...
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Nov 15, 2012
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and yet crude's off 30 cents. >> in its own perverse way, the key countries are gaza, israel, and egypt which is somewhat destabilized by who's going on, are not really oil producers. we know it's the region and if you begin to hear threats popping up from iran and others that israel had better mind its ps and qs. we'll watch and see how it goes. >> republicans on the house panel investigating the clams of mf global are pinning the blame squarely on ceo jon corzine. >>> plus a group of america's healthy are pleading to be taxedmore. the so called patriotic millionaires on their second day of a two-day congress fenferenc. we'll see what garrett gruner says on taxation, he's worth nearly $100 million. that's next. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa br
and yet crude's off 30 cents. >> in its own perverse way, the key countries are gaza, israel, and egypt which is somewhat destabilized by who's going on, are not really oil producers. we know it's the region and if you begin to hear threats popping up from iran and others that israel had better mind its ps and qs. we'll watch and see how it goes. >> republicans on the house panel investigating the clams of mf global are pinning the blame squarely on ceo jon corzine. >>>...
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Nov 16, 2012
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doing in the area and the fact that there does not appear to be any cease-fire on the horizon although egypt's prime minister is in gaza today urging some international cooperation. we're also looking at the fact that oil prices here in the u.s. have basically erased this week's losses because of the gains that we're seeing currently in the oil complex. we're also hearing reports about iraqi enjoy saying that arabs should use oil to press israel over gaza. those headlines helping to cause this bid in the oil complex. in the gold market, we've seen steady declines over the last several sessions and now a little bit of stabilization in the gold market. there are concerns based on the world gold council report about demand particularly out of china. we've seen the cme lower margins for gold and silver so that may have an impact on the trading activity from here. carl, back to you at the white house. >> all right. thanks so much. in a half hour from now the president will hold key meeting with top congressional leaders on solving the fiscal cliff. we'll be over this crit aleveic event. both sides
doing in the area and the fact that there does not appear to be any cease-fire on the horizon although egypt's prime minister is in gaza today urging some international cooperation. we're also looking at the fact that oil prices here in the u.s. have basically erased this week's losses because of the gains that we're seeing currently in the oil complex. we're also hearing reports about iraqi enjoy saying that arabs should use oil to press israel over gaza. those headlines helping to cause this...
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Nov 30, 2012
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my friends reached out and said where is our best content on egypt? i started sharing on facebook. then my friends got tired of me sharing about the middle east. >> as a lot of friends do. >> i realized there is a need for a better place to share content around your interests where anyone can discover it. that's the idea behind snip it. >> walk me through the journey of raising capital. >> raising capital is always tough. you should always do it when you don't need it. we've been lucky, fortunate to have two amazing firms, both with incredible expertise in social media and a very long-term view. when you start a social media startup you want investors with a long-term view and perspective. >> obviously raises questions about monetization, migration to mobile. how do you make the money? when do you become profitable? what is the endgame? >> the endgame is to be the primary way which people share and discover content. every morning you wake up and go to snip it and that is where the best content is. monetization comes through ads. because people are bro
my friends reached out and said where is our best content on egypt? i started sharing on facebook. then my friends got tired of me sharing about the middle east. >> as a lot of friends do. >> i realized there is a need for a better place to share content around your interests where anyone can discover it. that's the idea behind snip it. >> walk me through the journey of raising capital. >> raising capital is always tough. you should always do it when you don't need it....